Ethereum

Merge

when

Coin

<ul class="news-points">
 <li>Michael van de Poppe advised followers against buying overvalued altcoins.</li>
 <li>The analyst thinks Ethereum has been undervalued since the Merge implementation.</li>
 <li>Van de Poppe recommended waiting for a 25% pullback before buying a rallying altcoin.</li>
</ul>
Michael van de Poppe, CEO of MN Trading, has provided a strategy for stepping into the upcoming altcoins bull cycle. In a recently uploaded <a href="https://www.youtube.com/watch?v=xcFevbfUaGA&amp;t=1s" target="_blank" rel="noopener noreferrer nofollow">video</a>, the renowned crypto analyst told his followers to avoid buying overvalued assets, providing details on figuring out ideal entry points when trading cryptocurrencies.
Van de Poppe used Ethereum’s price development as a classic example for identifying an undervalued cryptocurrency. He noted that the actual value of the Merge is yet to reflect on <a href="https://coinedition.com/ethereum-eth-price-prediction/" rel="noopener noreferrer nofollow">Ethereum’s price</a>. According to him, the Merge’s impact on Ethereum is supposed to be long-term. However, the flagship altcoin has consolidated after implementing the Merge.
Overall, Van de Poppe analyzed the classic movement of cryptocurrencies, noting how they ride on hype and sentiments during initial rallies. According to him, influencers who may have invested in such cryptos generate the hype. He advised against entering the mark…
The post <a href="https://coinedition.com/wait-for-25-pullbacks-before-buying-rallying-altcoins-van-de-poppe/" rel="noopener noreferrer nofollow">Wait for 25% Pullbacks Before Buying Rallying Altcoins: Van de Poppe</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Wait for 25% Pullbacks Before Buying Rallying Altcoins: Van de Poppe

Coin Edition

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